March 30, 2020 @ 7:55 pm | Breaking News, Dividend Income Portfolio, PAC |
Grupo Aeroportuario del PacÃfico (PAC) has postponed its annual meeting until April 28. The company’s stock buyback plan and dividend payouts on the agenda. It’s hard to imagine that the company hasn’t at least considered cutting its buyback and...
March 25, 2020 @ 7:26 pm | Breaking News, Jubak Top 50 Portfolio, Sell, SERV |
I wish I hadn’t bought ServiceMaster Global Holdings (SERV) in my long-term 50 Stocks Portfolio back on December 17. But I did. It was a bargain then. It’s not now. And now I think it’s time to cut my losses after some relatively minor gains on March...
March 25, 2020 @ 7:20 pm | Breaking News, FQVLF, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
I still like my long-term thesis for copper miner First Quantum Minerals (FQVLF)–that copper prices will rise with a pick up in global economic growth and that when growth resumes the world will be looking at a shortage of copper. First Quantum has a lot of new...
March 24, 2020 @ 11:24 pm | Breaking News, Dividend Income Portfolio, GM, Jubak Picks Portfolio, Volatility |
General Motors (GM) drew down its $16 billion credit line today to maximize its financial cushion as the auto industry headed into a very uncertain future. The $16 billion drawdown adds to the $16 billion in cash that General Motors projects to have on hand by the end...
March 24, 2020 @ 11:20 pm | Breaking News, HDB, Jubak Top 50 Portfolio, Sell, Volatility |
In normal markets I don’t sell stocks out of my long-term 50 Stocks Portfolio on changes in market direction. This is definitely a buy-and-hold-ish portfolio. But these aren’t normal times either for financial markets or economies and today, March 24,...
March 23, 2020 @ 6:43 pm | Breaking News, DHR, Jubak Picks Portfolio |
Late Friday night, the U.S. Food And Drug Administration gave emergency approval to Cepheid’s Xpert Xpress test for coronavirus. The test is the first that can be conducted entirely at point of care for a patient–at a hospital, for instance–without...
March 10, 2020 @ 7:55 pm | Breaking News, Jubak Picks Portfolio, NVDA, Volatility |
I’m taking advantage of the “Hope the White House has a plan” rally today to sell Nvidia (NVDA) out of my Jubak Picks Portfolio. Nvidia shares are up 3.05% as of 2:35 p.m. today, March 10, for a gain of $7.44 a share to $252.92. The shares are up...
March 6, 2020 @ 7:41 pm | Breaking News, PXD |
It’s over. The three-year marriage of convenience between Saudi Arabia and Russia is done. The Saudi’s argued that Russia and OPEC producers must cut production further in response to falling demand for oil in the face of the coronavirus outbreak. Russia...
March 3, 2020 @ 7:54 pm | Breaking News, Dividend Income Portfolio, VGSH |
I’d wager that almost nobody today is buying U.S. Treasuries for their yield. The yield on the 10-year Treasury broke below 1% to 0.9043% for the first time EVER. The 10-year finished the day with a yield of 1.01%. The yield on the 2-year Treasury fell to a low...
February 28, 2020 @ 7:41 pm | Breaking News, Dividend Income Portfolio, GM |
I don’t think the coronavirus stock market rout is over, but I do believe you have to be opportunistic about snapping up dividend yield during this correction. Today shares of General Motor (GM) were down another 2.12% as of 2:40 p.m. New York time. That brings...
February 26, 2020 @ 7:36 pm | Breaking News, Jubak Picks Portfolio, SEDG, Sell |
As I was prowling through the wreckage of momentum stocks in the last few days for my post on Tuesday, “They shoot momentum stocks, don’t they” I noticed one very lonely spot of green. While stocks such as Nvidia (NVDA) and Twilio (TWLO) were down...
February 19, 2020 @ 6:11 pm | Breaking News, Jubak Picks Portfolio, SEDG |
SolarEdge Technologies (SEDG) closed up 17.94% today ahead of fourth quarter earnings due after the close. Cascend Securities raised its target price on the shares by 17% during today’s session. Today’s jump will, of course, make it harder for the company...
February 17, 2020 @ 7:17 pm | Breaking News, Dividend Income Portfolio, GOLD, Jubak Picks Portfolio |
Barrick Gold (GOLD) reported fourth quarter earnings of 17 cents a share on Wednesday, February 12. That beat the 14 cents a share estimate from Wall Street analysts for the quarter. A year ago the company earned 6 cents a share in the fourth quarter of 2018. But that...
February 11, 2020 @ 6:53 pm | ABBV, Breaking News, Dividend Income Portfolio |
Shares of AbbVie (ABBV) tacked on another 1.32% today to a close at $96 continuing a run that began back on January 31 at $81.02. The trend picked up momentum on February 7 after the company reported fourth quarter earnings with better than expected sales for its...
February 6, 2020 @ 10:21 pm | Breaking News, GLD, GOLD |
Gold is supposed to go up when investors and traders are looking for safe havens and hedges against market volatility. So it makes sense the gold and gold mining stocks are gaining as coronavirus stalks through the land. Gold closed up 0.99% today to $1570.50 an...
January 29, 2020 @ 10:53 pm | AG, Breaking News, GLD, GOLD |
Gold held by ETFs (exchange-traded funds) hit the highest level in seven years on Tuesday as investors and traders piled into the traditional hedge against uncertainty and stock market volatility. Worldwide gold holdings in ETFs rose to 2,561.2 tons as of Tuesday, the...
January 28, 2020 @ 8:13 pm | Breaking News, Jubak Top 50 Portfolio, Sell, Volatility, ZNH |
Airline stocks have been among the hardest hit equities in the coronavirus selling. As the biggest airline in China and indeed in all of Asia China Southern Airlines (ZNH) has sold off especially quickly. The New York traded ADRs sold at $35.41 on January 14 and were...
January 28, 2020 @ 7:53 pm | ABBV, Breaking News, Dividend Income Portfolio |
Yesterday when the market was a sea of red, shares of AbbVie (ABBV) were a small beacon of green. Today when, as of 3:40 p.m. most of the market is green, AbbVie is a small spark of red. What’s up? AbbVie was higher yesterday on speculation that a cocktail of...
January 22, 2020 @ 7:48 pm | AAPL, Breaking News, Jubak Top 50 Portfolio |
There’s no official announcement from Apple yet, but iPhone assemblers including Hon Hai Precision Industry, Pegatron, and Wistron, are planning to begin producing a new lower-cost iPhone in February. Apple is expected to official announce the new phone in...
January 21, 2020 @ 7:41 pm | Breaking News, Jubak Top 50 Portfolio, PANW, SCHW, VEEV, WST |
In my most recent Special Report: When to sell: What to sell on my JubakAM.Com subscription site I recommended that any current rebalancing build up some cash. To implement that cash-building strategy, when you sell to rebalance a portfolio for 2020, buy fewer stocks...
January 16, 2020 @ 7:23 pm | Breaking News, Jubak Picks Portfolio, WCC |
Last night, I made Wesco International (WCC) my #11 Pick for my Special Report: 12 Bargain Stock Picks NOW on my Jubak.com subscription site. Today I’m adding Wesco International to my Jubak Picks Portfolio. As the market continues to climb to new records,...
January 16, 2020 @ 7:12 pm | Breaking News, Jubak Picks Portfolio, V |
Yesterday, the day of the announcement of the Part 1 trade deal between the United States and China, shares of Via (V) climbed 1.91%. MasterCard (MA) gained 1.16%. American Express rose 0.79%. On a day when the Standard & Poor’s 500 fell 0.15% and the Dow...
January 15, 2020 @ 7:24 pm | Breaking News, NKTR |
Yesterday an advisory joint committee at the U.S. Food & Drug Administration voted to reject Nektar’s application for its new non-addictive opioid NKTR-181. The thinking–my thinking–was that the committee had structured the vote so that the most...
January 13, 2020 @ 7:49 pm | Breaking News, Jubak Picks Portfolio, NKTR |
I understand why the U.S. Food & Drug Administration has moved so slowly on a decision on Nektar Therapeutic’s (NKTR) new non-addictive opioid NKTR-181. The last thing the FDA wants to do in the midst of epidemic of opioid addiction is to approve a drug...
January 10, 2020 @ 7:41 pm | BAC, Breaking News, C |
What with everything going 0n, I wouldn’t be surprised if the start of earnings season next week has slipped your mind. Reports of fourth quarter earnings are actually fairly important this year because stocks trade near all time highs and estimates say that...
January 9, 2020 @ 7:30 pm | AAPL, Breaking News, Jubak Top 50 Portfolio, Volatility |
Apple’s iPhone shipments in China grew 18.7% year over year in December to roughly 3.18 million units, according to Bloomberg. (Bloomberg’s calculations are based on data from the China Academy of Information and Communication Technology, a government...
January 8, 2020 @ 7:58 pm | Breaking News, JCI, Jubak Top 50 Portfolio |
Today, January 8, I made Johnson Controls stock pick #9 in my Special Report: 12 Bargain Stock Picks NOW on my JubakAM.com subscription site. If you haven’t looked at Johnson Controls in a while, but you used to follow the stock, today even a glance will show...
January 8, 2020 @ 7:48 pm | Breaking News, PANW |
After last night’s Iranian attack on the U.S. troops stationed at two Iraqi airbases and a relatively restrained morning message from U.S. President Donald Trump, financial markets have decided to take profits in oil and cybersecurity stocks today. And wait for...
January 7, 2020 @ 7:47 pm | Breaking News, EQNR, Jubak Picks Portfolio |
Norwegian oil company Equinor (EQNR) has decided to take a 10% stake in start-up Kobold Metals. Kobold’s aim is to apply artificial intelligence to big subsurface data to create what it calls a “Google Maps” of the Earth’s crust that will...
January 6, 2020 @ 6:25 pm | Breaking News, PANW |
As of 2 p.m. New York time today, January 6, U.S. crude benchmark West Texas Intermediate was up 0.17% to $63.16 a barrel. Â International benchmark Brent crude was ahead 0.34% to $68.83 a barrel. Both increases came on worries that Iran’s retaliation for the...